The factory is expected to initially produce at least 3 gigawatt (GW) and scale up to 6 GW of high-performance bifacial PV modules and cells annually, the group said in a statement.

Construction of the factory is expected to begin in the first half of 2023 and the first panel will be produced and available to the market by the end of 2024. 

(Reporting by Francesca Landini, editing by Gianluca Semeraro)